Summer isn't that far away. One thing we have to look forward to is the yearly summer vacation. White sandy beaches and tropical weather sounds like a dream and to many, it might just be. The average cost of vacation for a family of four is $4,000. That's a large sum to spend on a trip and not everyone can afford the expense.
Vacations seem to get more lavish every year, but you don't have to spend an arm and a leg just to have a nice family vacation. It's entirely possible to vacation on a budget and still have an amazing time. Here are 5 vacations hacks you need to know for your next trip:
Save Up Those Credit Card Points
The most famous (and probably infamous) way to save on vacation is through credit card rewards. Almost every single credit card these days are promoting extensive rewards programs with a large sign on bonus. Look for cards that are especially geared toward travel. For example, the Chase Sapphire will give you double the points on dining and travel and you get 40,000 bonus points if you spend a certain amount within the first 3 months. Carefully spending your credit card rewards can get you a cheaper or even free flight.
Stay Closer to Home
The more your flight will cost you the farther you travel, especially if you go international. Consider staying closer to home instead of going to a far-off destination. Find a vacation spot nearby that you've never explored before. You might even be able to drive and forget about flight costs altogether.
Rent a AirBnB
Aside from your flight, the cost of a hotel is one of your biggest expenses. Apart from the room itself, you may see additional fees such as resort fees and parking fees. On top of that, dining within the hotel isn't budget friendly. Instead of opting for a hotel, rent a AirBnB instead. These accommodations are much more affordable and come with just as many amenities. You'll also be able to buy and cook your own meals, which will save you a ton of money on food.
Share Your Trip with Family & Friends
Why not make it a big family affair if you're going on a vacation? Sharing your trip with family and friends is not only a great way to spend time with loved ones but also a great opportunity to cut down on costs. You can split many expenses such as hotel and transportation, which will make your trip much more affordable.
Get Your Company to Pay
Consider turning your business trip into a vacation next time you have a travel assignment as well. Ask your company if you can add a few extra vacation days at the beginning or end of your trip. This way, you'll save on flights and only have to pay for hotel on those extra days.
Written by Connie Mei for MoneyNing and legally licensed through the Matcha publisher network. Please direct all licensing questions to legal@getmatcha.com.
